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In reply to the discussion: CNN layoffs [View all]former9thward
(33,424 posts)38. It is true.
More Americans than ever before are not working with 92 MILLION people out of the workforce
The share of Americans in the workforce has sunk to its lowest point in 35 years. It's a sign of both an aging population and of unemployed people who have given up on their dispiriting job hunts.
A gauge known as the labor force participation rate measures the proportion of working-age adults who either have a job or are looking for one. This rate fell to 63.2 percent last year, its lowest level point 1978, according to the Labor Department.
The rate had peaked at 67.1 percent during the late 1990s. At the time, it was buoyed by a strong economy, the baby boom generation entering its peak earning years and the entrance of more women into the workforce.
Read more: http://www.dailymail.co.uk/news/article-2537585/More-Americans-not-working-92-million-people-workforce.html#ixzz2y437YT81
The share of Americans in the workforce has sunk to its lowest point in 35 years. It's a sign of both an aging population and of unemployed people who have given up on their dispiriting job hunts.
A gauge known as the labor force participation rate measures the proportion of working-age adults who either have a job or are looking for one. This rate fell to 63.2 percent last year, its lowest level point 1978, according to the Labor Department.
The rate had peaked at 67.1 percent during the late 1990s. At the time, it was buoyed by a strong economy, the baby boom generation entering its peak earning years and the entrance of more women into the workforce.
Read more: http://www.dailymail.co.uk/news/article-2537585/More-Americans-not-working-92-million-people-workforce.html#ixzz2y437YT81
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Until people realize that folks like Koch, Adleson, and the CEOs they sponsor
kelliekat44
Apr 2014
#4
Ultimately almost every Republican policy leads to Cheap Labor as the central issue
BlueStreak
Apr 2014
#28
You can say there hasn't been ENOUGH improvement. You can say employment situation is UNACCEPTABLE
BlueStreak
Apr 2014
#42
Been saying this too. It has to be global, non-violent, but unified, and wealth impacting on the
kelliekat44
Apr 2014
#23
I remember the years of the IBM Country Clubs and where you got that as a Perk and
KoKo
Apr 2014
#25
It's part of an orchestrated effort to drown the country in that "bathtub" the GOP has been preachin
blkmusclmachine
Apr 2014
#14
Spouse and I have seen the writing on the wall for those 50+ and made it our sole focus to
kelly1mm
Apr 2014
#26
Our basic plan was to drive down the monthly cost of living. To do so we have no
kelly1mm
Apr 2014
#32